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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
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To: ChinuSFO who wrote (22)11/27/1998 3:58:00 AM
From: Herschel Rubin  Read Replies (2) of 1196
 
I agree with the BAMM-Bullish posters here.

AMZN investors are not completely irrational. They fear competition. To add to their worry, they know that AMZN has NO PROPRIETARY technology that guarantees market dominance! Setting up an e-commerce web site is a piece of cake. Plus, BAMM knows the book industry and is undercutting AMZN's prices.

This is just the kind of catalyst the AMZN shareholders needed to cause them to jump ship! Many may decide the best move is to put their money in a legitimate competitor like BAMM, trading at a huge discount.

That downgrade by Salomon Smith Blowhard is meaningless. Always trade AGAINST the analysts, not based on what they say.

Gap up to $14+ on Friday a.m. is my prediction. May then easily trade above Wednesday's intraday high of $16.25 before short-term profit-taking sets in.
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